Delivering simple, fast and competitive equipment financing solutions.
WSFS is pleased to introduce you to NewLane Finance.
NewLane Finance is our equipment finance company that delivers simple, fast, and competitive financing solutions. NewLane Finance utilizes advanced technologies to provide on-the-spot financing, helping equipment dealers sell more equipment and small businesses acquire the equipment they need to grow.
Beneficial Equipment Finance Corporation combined with NewLane Finance to form a single platform. The strength of both companies creates a wealth of industry experience dedicated to a Customer-centric approach and a commitment to building business relationships. That’s what we call business lending done right.
For many small businesses, surviving today’s economic uncertainty means that being conservative with working capital is a necessity. Some can get by with hiring freezes or finding ways to cut down on operational costs. For those who need to purchase or upgrade expensive equipment to remain competitive, however, cutting down on costs may not be enough.Read More
As the Federal Trade Commission (FTC) reports a dramatic increase in fraud complaints related to COVID-19, now more than ever, businesses must protect themselves and their customers from the realities of payment fraud.<br>Read More
Reducing Fixed Costs Through Managed Service Solutions for Banks. The COVID-19 pandemic has increased the focus of banks on the impact of fixed costs. The unfortunate axiom is that even though the volume of banking activities has decreased, fixed costs remain constant regardless of volume.<br>Read More